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see numbers showing there is a widening gap between rich and poor in this country, so the economy could definitely be an achilles' heel, and steinbruck might be in a position to exploit that. he certainly has a lot of financial expertise. the other possible weakness -- that ongoing euro crisis -- angela merkel will be in a tough spot if greece and spain are looking for further bailouts. euro policy also a possible area where she might be susceptible. it will be a very suspense- filled year. >> thanks very much for that. >> we turn to the u.s. now. there is good news this friday for the u.s. jobs market. the unemployment rate dipped below 8% for the first time in four years. >> right now, the figures are about a lot more than just the economy. with one month to go until the presidential election, they are all about politics. >> the latest job numbers were good news for u.s. president barack obama. for the first time since he took office, the unemployment rate fell below 8%. but his challenger, mitt romney, had a different take on the figures. he says they are actually a sign that t
in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships
trying to push the leaders of developed economies down a prudent path. weighed some of the risks and say confidence pretty much everywhere is still pretty fragile. economists release global financial stability report, checkup of the financial system. >> the choice today is between making the necessary but tough policy and political decisions or delaying them once more in the false hope that time is on our side. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back into the core ones. that is pushing up borrowing costs for government, banks, countries, italy and spain. this he is says feeding a further downturn to. reap ver to reverse the situation is well timed fiscal consolidation and they need to do this reducing excessive debts. economists fame size steps need to be take in to boost foundations beneath banks they hope the european stability and bond buying program will help rebuild investor confidence. they suggest a unified system to supervise bank
out of peripheral economies in europe back to the core ones. that's been pushing up borrowing costs for governments and banks in countries such as spain and italy. vinals said neighbor nations need to do their part toward stability. policymakers need to build stronger firewalls and establish a banking union and a single supervisor. he said weak banks need to restructure their financing. now, vinals said what's happened in europe should serve as an example for financial leaders in the united states as well as here in japan. he said waiting until the strains become clearer just leads to harsher outcomes. vinals says japan's high level of debt presents a stability risk and said the government leaders need to deal with budget problems. they pointed to commercial bank holdings of government bonds as yet another risk. they project in five years bonds could make up a third of those banks' total assets and they warned those institutions would suffer heavy losses if interest rates rose. now, vinals said japanese leaders need to be more vigilant about their risks. i had a chance to speak with
to "washington journal." as campaign 2012 hits its final month, the presidential candidates are using the economy to frame their vision for the future and what they would do for the american dream. we saw a jobs numbers that showed an unproven unemployment rate. we would like to hear your opinions. has the american dream been downsized? you can also share your opinion on social media. send us a tweet by writing @cspanwj. you can also join the conversation on facebook. or you can e-mail us. the front page of "the washington post"looks out with the call life of a salesman. he always finds to -- he always seems to find optimism in the worst of circumstances. here is another chance. the story profiles this man building and installing pools. how he had to downsize his business, cut employees, and work even harder to find jobs. let's take a look at the content. it says -- what do you think? has the picture of the american dream changed? national journal took a look it how americans are perceiving the economic situation right now, not just on a national level but on the personal lives, too. in a heartla
. euro zone leaders will try to nurture the spanish economy through the troubled banks. first on the list will probably be a bailout for the spanish bank. greece is also a big worry. the european central bank on the ground but in a report card together. they cannot seem to come to agreement between the lenders about the next round of cuts to greece, which could delay the next round of bailouts for the country. the next question is can the country afford a waiting game? >> among issues is the progress for 2013. it's been relatively ok, because most of the items have been approved by the troika. so much of the additional services measures of $13.5 billion, now they look more less set. nevertheless, we need some further write-down of greek outstanding debt burden. if the imf or to participate in the program, then it would need sustainability. the forecast for the economy for the next year, the debts are not sustainable. >> i want to take you back to the mergers and acquisitions story regarding china. we hear the term "trade war." >> some say that it's kind of smells of that. given the global
's still the economy. campaigning in virginia coal country, mitt romney tried to dig through the latest jobs numbers. to make the case, he has not hit just yet. >> fewer new jobs created this month than last month and the unemployment rate, as you know to this year, has come down very slowly. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> still, one of romney's key metrics on the president's handling of the economy went up in smoke when the nation's unemployment rate dipped below 8%. >> 88% unemployment for over, what 43 months. >> we still have unemployment above 8%. >> he told us to get us back to work and hold unemployment for 8%. >> month after month, after month. >> it's a political bar rising. proposing statement at the first presidential debate. >> we've had 43 straight months with unemployment above 8%. if i'm president, i will help create 12 million new jobs in this country with rising incomes. >> reporter: but romney notes the president has fallen short of estimates set by the own economic advis
the pipeline will pose to over 200,000 people, and is also about the economy, reducing cost of energy we [indiscernible] all of the infrastructure of potential benefits. there is no benefit for the people of puerto rico. economically speaking. >> an east texas, activists protesting the construction of the keystone xl will pipeline are continuing their attempts to block tree clearing efforts for a third week amidst reported crackdowns on journalists. two reporters embedded with the activists were arrested and held overnight before charges against them were dropped. activists say transcanada, the company behind oil pipeline, is paying local police to provide security. two journalists from the new york times were held in handcuffs before being released. activists with the tar sands blockade say or attempting to protect the environment and local water supplies from toxic tar sands oil. a portland, oregon activist has been remanded into federal custody for refusing to testify before a grand jury about fellow activists in the pacific northwest. leah-lynn plant is the third activist in the regi
is this -- or is this a larger statement about the economy as a whole? >> well, i think it has a little less to do with the economy and a lot to do with production. there's some riding going out, and there's rumors that it's going to cause all kinds of production problems. heading into the christmas season, that can't be a good thing for apple, and that's really why it was selling off so big. don't be shocked if we see some buying tomorrow. there are a lot of people taking off today for columbus day, um, so, you know, i'm not going to put too much stock in kind of apple's move or the market overall -- david: although it traded down at the end of the day. i've got to tell you, it traded down below 2% going into the end of the trading day, so that's not a good sign for the beginning of tomorrow, is it? >> not at all. off almost 10% from the highs. but, you know, tomorrow we'll see whether the big institutions step in and start buying. you know, this is one of those weeks where there's really not a lot out there, right? we've got the vice presidential debates, we have little economic news. we do have
. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day the president got elected, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >> you hear mitt romney pivoting talking about the real unemployment rate at 11%, so i -- i guess that's his pivot coming off the unemployment rate yesterday. randi, why does all this matter? as you mentioned off the top, the economy by far the number one issue with americans. take a look at this, from our cnn/orc international poll. we did it about a week ago before the first debate but i don't think it will change people's perceptions. by far the economy remains the top issue on the minds of americans. it's been that way since late 2007 when the u.s. economy went into a recession, and how do americans feel about which candida
totally stimulated the economy when you gave that panhandler at a dollar. even obama joked after his annual thanksgiving pardon that he saved or created four turkeys. my friends here know that i have a contrarian streak. i don't do groupthink. the guy who visited gulf after the bp spill and rode the environmental damage was being overstated, i was right. i had data. arguing that the stimulus was a new new deal was not just considered contrarian but delusional. like arguing the bp spill didn't happen. we can discuss why. a combination of relentless republican distortion, incompetent white house communication, brain dead media coverage, the unfortunate timing of the jobs bill that passed when the u.s. was hemorrhaging a hundred thousand jobs a month. the financial if quake had hit with the economic tsunami hadn't hit the tour. fortunately in 2010 i was 1,000 miles away and pretty oblivious to the prevailing stimulus narrative but i did become aware because i write about the environment that the stimulus included $90 billion for clean energy leveraging another $100 billion in private ca
in california. so why should the rest of us care? what does it say for the rest of the country and economy as a whole? >> great question. in a lot of ways california is an incubator what is going on. we have no national energy policy. as a result of that billions of dollars where there are solo panels of green energy but the average american is struggling every single day to pay their bills. if you look at the middle-class, the poor in this country, the underemployed, an extra $20 a week makes a big difference. here we have our own politicians arguing daily taxing the rich and middle-class and these dollars are getting sucked out of that wallet. >> heather: we did hear that touched on briefly in the last presidential debate. we had mitt romney and president obama talking about oil subsidies to oil companies versus green energy policies. what did you think about that argument. sometimes we get caught in minutia when we are getting away from reality the in the last four years, gas prices and oil prices nearly doubled doubled. what affect it has on our g.d.p. and ability pay our bills, to edu
country, and that is jobs in the economy. congressman murphy doesn't have a plan. yes not put a plan fourth to address these issues. you can look online and see exactly what i plan to do. they now have a track record of creating jobs and adding to the economy and they know i'm going to take that skill set to washington in a congress where we have so few business people who come from the private sector. blacks why can't the press come along and monitor this -- >> why can't the press, along and monitor this question are >> the press does come along. >> this campaign is about the people of the state of connecticut. i ran into a guy just a couple of weeks ago, and out of work painter and he wants to know the differences between linda and i between how we're going to put him back on the job. they're big differences. when the's plan is focused on giving herself a $7 million tax cut and hoping that trickles down to people who need help. my plan is focused on investing in the people of this state and funding our schools and building roads and bridges and we recognize the strength of our nati
in every year. that's the way to do it. set priorities, make cuts but also grow the economy. >> now time for our closing statements and by the order of coin flip, mr. allen, you go first. >> well, thank you for the opportunity to have this debate and thank you all again for watching. there's a lot at stake in this election. it's a pivotal election but it's going to determine the trajectory of our country. whether there will be changes in the united states senate, if tim is in, he will be in there for the same folks he's campaigning for all of these years when he was chair of the democratic national committee, ignoring the needs, dire needs of people in virginia. i want to see change in washington, those positive, constructive ideas that can get this country going in the right direction. i believe we ought to get united behind the mission of sending a message to the world that america is open for business again. i think that anybody who pays taxes should be on our side unless you want to pay higher taxes. if you use electricity, you ought on our side. if you want more affordable electrici
cacacacacacaaac >> ceo jamie dimon spoke about the global economy and foreign relations today as part of their ceo speaker series. it is virtually assured that bond markets would project the rest out of congress could not reach a deal cutting the deficit. jpmorgan is being sued at the new york attorney general over allegations that subsidiary bear stearns deceived investors into buying mortgage-backed securities. this is an hour. [inaudible conversations] >> well, good afternoon. i am richard haass and i want to welcome all of you to the council on foreign relations into today's ceo speaker series meeting. this is part of the council on foreign relations corporate programs, which is supposed to increase connections and links between the business community in the foreign policy community, which to some extent are one and the same. i want to thank -- rather welcome not necessarily those of you do, but those around the world participating in this meeting or modern technology. speaking of modern technology, if people take a second to turn off their cell phones and the like, that would be most welcome.
and they are talking about the many roadblocks as they see it to getting our economy back on track. dagen: peter barnes is in d.c. with a whole lot more. hey peter. peter: hey guys a football metaphor from the quarterback of the business roundtable this morning referring to the nfl lockout of professional referees that was resolved a couple of weeks ago, he joined the heads of the u.s. chamber of commerce, the national manufacturers association, and the national retail federation in calling on congress to reduce uncertainty in government policy to help create the confidence businesses large and small need to invest and hire. and with the clock running down, they urged congress and the white house to get moving on fixing the fiscal cliff. >> you really don't even have a tax code in the country today. this is for large business, medium sized business, mom and pop, the individual entrepreneur, what are the rules? i mean it is like we're playing with the replacement referees in the irs. peter: tom donahue of the u.s. chamber said nothing is going to happen until november 7th. first got to see who wins on n
on that. so whether it's on the economy, whether it's on leadership, he's now tied with the president. as far as leadership ability is concerned. so i think romney got everything out of that debate and more. >> he certainly did. and if you take a look at -- let me put the numbers back on the screen one more time. earlier this month before the debate, romney was behind the president, the president, 51%, romney, 43%. eight-point difference. now 49% for romney, 45% for obama, a four-point spread. that's a 12-point spread in only, what, three weeks, shall we say? and clearly the major development was his strong performs at that debate. >> you know, wolf, it just shows you that voters are still really weighing the pluses and minuses of these two candidates. what i really need to see, though, to make any judgment about how this is going to really affect the election or how it has affected voters is i need to look in the battleground states, don't you think? you need to look at the battleground state of ohio. you need to look at wisconsin. you need to look at iowa. you need to look at virgin
%. the feds fed's beige book report in the economy expanded modestly from mid august to september, the residential housing market employment consumer sppnding remaining flat. meanwhile, wholesale businesses increasing stockpiles in august, sales rising for the first time in four months, inventories and half of a percent. turning back to politics, joining us live from danville kentucky, senator ron johnson, member of the senate budget and appropriations committee. strong supporter of the governor, mitt romney. good to have you with us, senator we met harry doing? >> i'm doing great. a lot riding on this debate tomorrow night. congressman ryan, he is pretty nimble on the budget. you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost im
that the u.s. economy is continuing to heal from the wounds inflicted by the worst downturn since the great depression. jack welch tweeted this, unbelievable jobs numbers, these chicago guys will do anything, can't debate so change the numbers. and the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at its lowest level since i took office. >> friday's jobs report shows america still desperately needs jobs. yet the president's central and sole proposal would mean fewer jobs. >> republicans in congress need to stop trying to relaxing fight the battles of the past few years and finally start doing something to actually help the middle class get ahead. >> we can't afford four more years like the last fr. prices, 23 million americans struggling for work. >> congress needs to step up and pass my plan to create a veterans job corps to help our returning heroes find work as cops, firefighters and park rangers in communities across the country. a few weeks ago republicans in the senate voted that plan down. ask them why someone who fights for this c
to the path, because it's the mechanism that'll make all the difference. >> the economy plays a significant role in recruitment and retention. will the economy coupled with talks to change military retirement pay and health care have a negative impact on retaining a professional all-volunteer force? >> i don't know. but, you know, as i travel around and visit with young soldiers, sailors, airmen and marines, and i also visit the coast guard from time to time, and i ask them why'd you come in, the answers are really varied. some of them come in because they want to defend their nation, and they know the nation's at war, and then some come in, as you noted, for economic reasons. what i will tell you is it doesn't matter why they come in, but because once you get 'em and you build into them this sense of purpose and sense of belonging, another attribute, by the way, that tends to be missing in american youth as they try to figure out who and what they are. by the way, i'm not trying to recruit you, but i will tell you that i'm happy to have your kids -- [laughter] but i will tell you that one
economy. spain's credit rating has slumped to bbb-, one notch above junk status. the outlook remains negative. stated and poor's cited the lingering recession and high unemployment -- standard and poor's cited the lingering recession and high unemployment. >> we are adhering to our timetable and meeting our deficit targets. we will not change our policies or our targets. >> spain rejects imf's suggestions that it needs more time to stabilize its economy. some analysts say the delay in asking for aid is worrying markets. member the pressure to ask for a bailout is making the country suffered. nobody wants that. not germany, nor spain. that alone could put us closer to a bailout. >> the spanish government says it will consider applying for aid once it has explored all options and conditions. >> despite the bad economic news in europe, germany's traders were in an optimistic mood. we have this report from the frankfurt stock exchange. >> germany is getting prepared for economic weakness. in other places of the world, signs of recovery are coming up. better than expected economic data fr
economy is once again waying on the markets here in the united states. investors are also cautious ahead of the start of earnings season which unofficially kicks off tomorrow when dow heavyweight alcoa reports after the closing bell. right now the dow is down 28 points. >>> bp will sell its texas city refinery to marathon petroleum for 2 1/2 billion. the deal which is expected to close early next year also includes a portion of the british oil giant retail and logisticses network in the southeastern part of the united states. >>> general motors is revving up its workforce. they plan to hire up to 1500 employees for new information technology center in warren, michigan. this is the general motors second of four planned i.t. facilities in the u.s. that's the latest from the fox business network giving you the power to prosper lori: finally some good news for futures market investors who had money tied up with perigrine financial. you remember last july, russell wasendorf senior attempted suicide. which resulted in discovery of a 20-year fraud and loss of $20 million. vision financial broke
. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. nding more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. heck your steps at foodsafety.gov. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships mter. i've
at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> just moments ago, president obama admittinghis to abc news. >> well, governor romney had a good night. i had a bad night. it's not -- >> how bad? >> well, it's not the first time i've had a bad night,
serious stomach conditions may still exist. talk to your doctor about nexium. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> back now with a sign of the times. some schools across the country where some kids are sticking around long after the last bell for the final meal of the day they otherwise may not get. rahima ellis reports. >> reporter: nestled in the hills of west virginia is doddridge elementary school. inside, a familiar scene, students lining up to eat in the cafeteria. >> grab your milk. >> reporter: but it's 5:20 in the evening and this is a free dinner, chicken and salad wraps with apple crisp for dessert. >> it just tastes really good. >> reporter: with more than 25% of children
months ago. the economy is under pressure. we have made clear as the number ellen did council has made clear that -- north atlantic council has made clear that the assault on turkey's sovereignty is unacceptable. we stand by our turkey's allies. >> the iraq commissioner said he is stepping down november 9. was that -- will the present bill that position quickly? >> i have no personnel announcements to make today. none today. >> tim from bloomberg news. at the hearing today about been , the request from libya for more security was rejected by the state department. was the white house involved with the discussions or the determinations? >> i am not going to get into specifics under review by the accountability review board. i would point you to testimony being delivered by officials close to the facts about our diplomatic security posture as we speak on capitol hill in the very hearings that you referenced. the present's position has been that we need to ensure the safety and security of our diplomatic facilities and our diplomatic personnel. it is unquestionable that our civilian person
the president for squeezing the economy critically important agriculture industry. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney i return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from republicans. 39% for democrats. among those returned so far, 45% are g.o.p. only 38% are democrats. in colorado, republicans requested 656,000 absentee ballots of saturday to 627 for democrats. inness, absentee ballot request favor g.o.p. by 44% to 39%. in north carolina, 52% of all ballot requests of g.o.p. to only dop for democrats and 21 for independents. running mate paul ryan and joe biden off the trail getting ready for the big debate. kid rock leapt "born free" to romney for the rally theme headlined last night in michigan and considering a vice pres
to battle over the economy. >> he got a chance to explain his jobs program. and how he's going to create new jobs in america and did you hear what he had to say? i didn't either. >> alisyn: well, romney had to say, and the president, we're just 30 days away from the the election. >> peter: and president obama touting his 7.8% unemployment figure and still blaming president bush. >> after losing about 800,000 jobs a month when i took office, our businesses have now added 5.2 million new jobs over the past two and a half years. >> peter: more on that interesting number, coming up next. >> clayton: take a look at the video, amazing video of a race car driver losing control on a collision course and watch what he end up driving threw, it's a vineyard and hits an electric pole. you think behind the care it looks bad, but we have a cockpit video from inside the car. "fox & friends" hour two starts right now. ♪ >> good morning again, everyone, welcome in peter in for vacationing dave briggs, only 30 days left until the election. >> clayton: i can't believe it. think of what we've been through. >
about china's slumping economy and that's probably the bigger and more important piece of all of this. the ceo cautioning that the company's noticed a slight slowdown in some regions and end markets, namely china, lowering those expectations by a percent across the board. let's talk about where shares of alcoa are going. they have risen, though, in after hours. the company is raising its four-year outlook after sales held up despite cooling economic growth, shares rising on the news after the bell. and early this morning, costco out with its results. the warehouse operator's earnings and sales beat estimates, joe, so are you a costco -- >> never been. >> never been to costco? >> i don't shop, though, andrew. you've been? you need a truck to bring your toilet paper snohome? >> you've been to walmart? >> i've been to walmart a couple times. >> i'm not a huge shopper. >> jim cramer is a huge costco fans. they have all kinds of scavenger hunts you can go on to find all kinds of good deals. out with better than expected earnings. >> every quarter since its first, you always see the financi
saturday night here in d.c. with a 90 minute debate that covered everything from the economy, entitlements, foreign policy, and the media. but the only drama from the event apparently fans watching online say the video service crashed, forcing them to miss entire portions. organizers say those viewers are eligible for a refund. you really wanted to see it. >> because there were so many people on it? >> apparently. >> that's amazing. >> good. >> that's nice. fun to have a little fun with it. >> absolutely. >> but smart fun. >> it is smart fun. >> i like it. >> very timely. >> what's going on, gwen? >> cool, cool, cool conditions. mother nature is really dishing it out today. we can say it's cool out there. chilly, nippy out there. sweater, jacket, whatever you need, pull it together, you'll need it today. also, you'll probably need your umbrella as well. if you're planning anything outside for this holiday, be prepared, keep your eyes to the skies. definitely a chilly columbus day. and we've got rain on the way as well. keep the umbrella handy. sun will return the early part of the week and
. connell: we showed this number that we need 200,000 jobs a month, you know, in order to get the economy at least get it up and going to some extent again. even that there's some debate on the amount of jobs we actually need per month. you know, we have two different surveys. the 873 is from the separate household number, but two thirds of those were part time jobs. if it comes up in the next debate and romney tries to bring up these issues that i raised with you, how should obama handle it? should he say hey we're on the right track things are getting better or say we have a lot more work to do? >> if i were him, i would say both of those things. he can claim that things have gotten better. that he inherited a bad situation and it is now improving, and the last report was pretty good even on the payroll side because they revised up the two previous months. but on the other hand, we certainly haven't had the kind of plus 200,000 job numbers that you mentioned, that we would really like to see, maybe even more than that to get the unemployment down to a reasonable level. connell: are we o
their own economies and national capacity and military. vietnam and malaysia have internal wars of rebellion and nation-building. the philippines had a rebellion in the 1950s. japan was just coming on line as a significant power in the 1970s and it was korea that developed into a significant power. all these countries have developed already and because they have developed they now have the ability to project power halt word into the. territorial soil they claim. they didn't have this capacity. we see conflict about island and geographical features below water and high tides that we never saw before. people say has everyone gone crazy? no. everyone has developed in east asia and they have military's and developed navies and air forces and conflicting conflict over geographical space. of battles over geographical space and not about ideas. there are no ideas involved. this is all about territory. this is about status, about national status. people fought in europe that nationalism was out of fashion. we are in a post national age. that is not what i see in east asia. i see nationalism as very
sure i help the american farmer and i help the economy and get america work again. >> to that end today, mr. romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to come. they're building and talking about their ground game, grassroots, 4 million people have been contacted here in ohio alone. 4 1/2 million. that's more than a third of the overall population. the polls have ticked up. romney has closed the gap, leading in some of the national polls, within the mar i didn't know of error, and in most of the battle ground states, he's either closed the gap and in a couple of cases, gone up by a point or two. these are swings in the polls. he's eliminated any bounce the
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. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> just moments ago, president obama admitting this to abc news. >> well, governor romney had a good night. i had a bad night. it's not -- >> how bad? >> well, it's not the first time i've had a bad night, but i think what's important is that the fundamentals of what this race is about haven't changed. >> those are pretty direct admission and it came just hours after the president offered up this explanation. little bit different. for his performance last week. >> you know, the debate i think is fair to say i was just too polite. it's hard to sometimes keep on saying what you're saying isn't true. the good news is that's just the first one. >> the former director of speech for president clinton, ryan. you couldn't even restrain yourself from rolling your eyes there. >> you know, i think that actually it's good for president obama to s
, the senior political economy reporter at the huffington post. welcome to "democracy now!" can you talk about how you came across this story and with the key revelations are? >> became across the story -- we came across the story from a reader tip this said, you should check out what bain and company was doing in the tobacco market in the early 1990's because there is been a lot of attention paid to romley's time at bain capital, but not bain and company, which is actually bigger firm. what we found we dug through major database of tobacco documents released in conjunction with the class action suits against tobacco companies over the years was that bain and company but a specific role in russia. the work with philip morris on many interesting marketing techniques in the u.s., had instructed philip morris that if you have any more than six brands of cigarettes on display the time your losing revenue. the maximum revenue you could get from sigrid this place is six brands at a time read that a scientific issue. in russia, they got this contract and the american government to advise how to priva
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